UAE markets 12 Oct 2010

UAE market news & discussions for 12 October 2010 UAE stocks fell although in Abu Dhabi Etisalat and Taqa stood out with small gains on relatively high volumes, and in Dubai HITS Telecom had a jump of more than 10% on greater than usual turnover. On the Nasdaq Dubai, DP World fell 0.18%, and Depa was unchanged. UAE financial news - latest news from Reuters, Bloomberg and UAE media Dubai Financial Market Dubai stocks fell 0.74% to 1743 points from AED 276m worth of trading with Emaar Properties (EMAAR) the only stock trading more than AED 100m, down 0.76% to 3.94. Drake & Scull (DSI) fell 1.9% to 0.97, Union Properties (UPP) was down 1.85%, Arabtec (ARTC) 1.75%, and the other losers were down less than 1.5% or on thin trading. There were only 4 gainers - HITS Telecom up 10.4%, Ektitab Holding (EKTTITAB) up 2.2%, Gulf General Investment (GGICO) up 1.05%, and Ajman Islamic Bank (AJMANBANK) up 0.11%. Abu Dhabi Securities Exchange Abu Dhabi stocks fell 0.34% to 2712 points from AED 113m of turnover with Emirates Telecom (ETISALAT) the most actively traded stock, up 1.4% to 11.05 from AED 27m, and Aldar Properties (ALDAR) almost as busy with a fall of 2.35% to 2.48 from AED 26m making it the worst of the more active losers. There were only 5 gainers with Abu Dhabi National Energy (TAQA) the only other one trading more than AED 1m, up 0.67% to 1.50. Sorouh Real Estate (SOROUH) fell 1.7%, First Gulf Bank (FGB) 1.6%, and the other losers were down less than 1% or on thin trading, including National Bank of Abu Dhabi (NBAD) down 0.85% to 11.70.

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	Latest posts and topics (click timestamp for last post)	Last Post By	Last Post Date
Marketwatch October 2010 DFM ADX sam111sam Tue 12 Oct 2010 12:15 Tunisia, GFH Launch Offshore Financial Center! khan007 Mon 11 Oct 2010 21:17 Arabtec Gazprom analysis Cash King Sun 10 Oct 2010 18:55 NBAD Evans Randall finance JV Gulfer Wed 06 Oct 2010 21:00 Amlak Tamweel merger sharewadi Tue 05 Oct 2010 16:13 Emirates Islamic Bank to Bail out Amlak ? sam111sam Tue 05 Oct 2010 09:25 DIB Injects additional Capital in Tamweel sam111sam Mon 04 Oct 2010 19:46 Marketwatch September 2010 DFM ADX Boston Wealth Sun 03 Oct 2010 10:53 Emicool IPO sharewadi Sat 02 Oct 2010 13:06 Limitless Minerva Northacre Gulfer Thu 30 Sep 2010 20:34 UAE stock market number of investors ixtira Thu 30 Sep 2010 15:32 Union Properties Ritz-Carlton sale sharewadi Tue 28 Sep 2010 20:19 EMAAR trend analysis thajuddeen Tue 28 Sep 2010 18:18 Investing a million dirhams advice ixtira Tue 28 Sep 2010 16:54 Dubai Financial market from Sept 2010 masterstrokes Sun 26 Sep 2010 15:23 Arabtec Fair Value by TAIB Cash King Thu 23 Sep 2010 12:57 Axiom IPO sharewadi Wed 22 Sep 2010 11:11

best stock rises symbol price change HITSTELEC 0.72 +0.07 +10.8% ADAVIATION 2.25 +0.16 +7.7% EKTTITAB 0.37 +0.01 +2.8% GCIC 0.65 +0.01 +1.6% ETISALAT 11.05 +0.15 +1.4%

worst stock falls symbol price change UAB 6.00 -0.66 -9.9% GCEM 1.61 -0.14 -8% TKFL 3.76 -0.24 -6% ADNH 3.05 -0.18 -5.6% TAKAFUL-EM 0.59 -0.03 -4.8%

top volume symbol value (AED) price EMAAR 119,876,612 3.94 ARTC 50,821,091 2.25 DFM 28,316,326 1.83 ETISALAT 27,028,160 11.05 ALDAR 26,284,435 2.48

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